EDC/ IDC
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Dhingra Suburbian Floors Faridabad
)
Posted by
24 Apr 2012
Date of grant of licence for BVM Projects (suburbian floors which is a part of california country): April 2007
IDC Rates w.e.f 28 Jan 2008 for faridabad (high potential zone): 375/-
These are the charges charged by the builder.
Pl elaborate is the builder right in asking for enhanced EDC/ IDC in these circumstances.
If the builder is wrong, than pl advise what can be done to retrieve the payment already made for which reciept is available along with demand letter.

suburbian floor
- (
Dhingra Suburbian Floors Faridabad
)
Posted by
kashyap
24 Apr 2012
Can any one advise the proposed approach plan for California Country from BPTP bridge with propsoed width of the roads As we still not know the exact access route.
(2) there is one make shift road through some BPTP project just oppsite to California, is it a private road or any one going to california country can use it?

Revision in EDC rates
- (
Dhingra Suburbian Floors Faridabad
)
Posted by
kashyap
24 Apr 2012
Dear Mr indiaspaces,
please advise
(1) the Rate of EDC charges per acre advised by DTCP for Greater Faridabad before revising in July 2011.
(2) Is the IDC decided by DTCP/Govt? What i presume is IDC the internal Development Charges which require to be carry out inside the group housing and is required to be done by the respective developer, then why and how govt is concerned.
(3) is IDC also going to be revised for the project.
(4) I was contacted by an agent for sale option, will you advise what is the premium in suburbain floors for all the floor flats. And if you have any thing ready in the project which can be purchased? at what cost?
Rajesh

EDC/ IDC
- (
Dhingra Suburbian Floors Faridabad
)
Posted by
Umesh
20 Apr 2012
Can you please tell the date from which incresed EDC/ IDC is applicable in faridabad. Kindly update on SUBURBIAN FLOORS progress and the current premium on the project.

EDC & IDC Reply
- (
Dhingra Suburbian Floors Faridabad
)
Posted by
Rajni sharma
01 Mar 2012
Pls find below reply send by BPTP on above points : KINDLY COMMENT?
REPLY OF BPTP
This is with reference to the trailing mail. We would request you to kindly acknowledge the following points:
1) We would like to update you that we are working on the query raised by you towards interest, area efficiency and bank guarantee in the calculation of enhanced EDC and we shall be able to revert you soon with an update on the same.
2) The obligation to make the payment of EDC charges to DTCP (Haryana) is of the developer and we will fulfill our obligations as per the terms of the various licenses granted by DTCP to us. As regards, the payment of EDC charges payable by the customers to us is concerned the same shall be governed by the flat/plot/floor/villa buyer agreements executed by the customers with us and has no co-relation with the payment made by the customers to us with the payment of EDC charges to be paid by us to the department. We have to fulfill the terms of the license w.r.t. payment of EDC charges despite of the fact that some of the customers did not pay the EDC or delays in making the payment of EDC charges. Further, in the event the EDC charges are not paid by us to DTCP, the bank guarantees submitted with DTCP, prior to the grant of license, can be invoked by the department and thus EDC charges payable by the developer can be recovered by the department. Thus, as we are obligated to comply with the terms of the licenses granted by DTCP, in a similar fashion our customers are obligated to comply with the terms of the agreement executed with us but compliance by a customer by making the payment of EDC charges cannot be a ground for a similar compliance on our part by making the said payment of EDC charges to DTCP. As the same are governed by different terms and conditions under two different contracts. We will ensure that the enhanced EDC charges being recovered from the customers are also deposited in a similar fashion with DTCP.
3) In regards to payment of stamp duty, we would like to clarify that the charges are payable along with the demand of other charges demanded vide letter dated 14th November 2011.
We would request you to remit the dues at the earliest as all the delayed payments are subject to interest @ 18% per annum for the period of delay and holding charges @ Rs. 5/- per sq yard per month.
Thank you for your patience and writing to us. Should you require any assistance please feel free to call at +91-124-385 (2787) or write in to us at customercare@bptp.com.
Thanks and Regards
Komal Jain
Customer Services
BPTP Crest

EDC & IDC Reply
- (
Dhingra Suburbian Floors Faridabad
)
Posted by
Rajni sharma
29 Feb 2012
Kindly put some light on the above calculation send by BPTP. As why a). BPTP are charging the Bank gurantee charges, b). Interest on Interim EDC for 2 year from us as we had paid this money to BPTP long back. c). What is the base of area effective 42.53% = 2058 Sq Yds for calculating EDC.